- NewsletterJul 16, 2015
India's Parliament convenes on July 21 and two big reforms are on the table. The first will create a "Goods and Services Tax" and the second will relax the rules on land acquisition. The ruling BJP party remains weak in the upper house of Parliament, questioning whether the two reforms put forth by Prime Minister Modi will be passed.
- NewsletterJun 9, 2015
India’s Ministry of Commerce and Industry recently released its country-by-country trade data for fiscal year 2015. Alarmingly, the nation’s trade deficit with China has spiked by 34 percent to $48.5 billion—nearly 3 percent of the nation’s GDP.
- NewsletterMay 14, 2015
During the first year of the Modi government, we have seen both our economic and our strategic relationship with India placed firmly back on a positive trajectory. But in many ways, the year focused on “setting the table” for cooperation. In the coming year, leaders from both nations will focus on ways to breathe life into the principles outlined in year one.
- CommentaryBy Todd Summers, Katherine PeckMay 12, 2015
India is the second-largest recipient of grant assistance from the Global Fund to Fight AIDS, Tuberculosis, and Malaria, with a three-year allocation under its new funding mechanism of US$850 million.
- NewsletterApr 2, 2015
The first half of the Budget Session of Parliament concluded on March 20. The Budget itself, as we predicted, was not a muscular reform package (the Budget’s role as a reform tool tends to be wildly overestimated). However, in the last two weeks of Parliament, the government passed critical economic reforms in three other areas.
- ReportMar 31, 2015
In 2013, India adopted a new Companies Act that redefines corporate governance rules in India. Among its many provisions, the Act includes a soft mandate that medium-size and large companies must contribute 2 percent of their profits (averaged across the previous three years) toward corporate social responsibility (CSR).
- Critical QuestionsMar 20, 2015
- NewsletterMar 3, 2015
On February 28, Finance Minister Arun Jaitley released India’s 2015–2016 Union Budget and delivered the annual Budget Speech, laying out the government’s thinking on economic reforms. The budget’s significance as a tool of economic reform has steadily declined over the last couple of decades.
- NewsletterFeb 9, 2015
There are lots of opinions on whether the package of announcements during President Obama’s visit to India in January constitutes a real step forward in our bilateral relationship. In particular, lacking key details, there are questions over whether the workaround for civilian nuclear trade is the breakthrough both sides claim. But this argument misses the broader point.
- NewsletterBy Abhijit SinghJan 26, 2015
After a PLA-Navy submarine docked twice in Colombo, Sri Lanka last year, there is anxiety among Indian analysts of a renewed thrust by China for a permanent military presence in the Indian Ocean.